A lifecycle approach to data can improve decision making.

With our population centres separated by vast distances, road transport infrastructure is critical to sustaining Australian communities, growing our economy and improving our international competitiveness. The resilience of our road network depends on many factors.

The national road network requires ongoing attention. Currently, an important part of the annual roads budget is used to maintain the existing national road network through routine maintenance, periodic maintenance, major rehabilitation, and reconstruction activities.

One of the benefits of a data lifecycle approach for capital projects is the potential to reduce total cost of ownership by running assets as data models. 

Each stakeholder’s input contributes to the completion of their aspect of the project and is tracked over time to understand the effect of decisions taken. This builds a picture of how decisions made earlier in the project’s life can affect operation and maintenance costs later. 

What’s more, data analysis generated from the concept of a project right through operation, maintenance and decommissioning can create better visibility and ensure a highly reliable, safe, and sustainable asset.